DSB Final Fees for ISINs for OTC Derivatives Higher than Expected
The Derivatives Services Bureau (DSB) set up to create ISINs required for OTC derivatives under Markets in Financial Instruments Directive II (MiFID II) has finalised fees for user contracts running from October 2, 2017 to December 31, 2018. It notes, ‘we are mindful that the smaller than expected number of users contributing to the DSB’s...
Corlytics Regulatory Risk Intelligence Adds New Dimension to Compliance
With regulators taking a tough stance on non-compliance, enforcement actions running into billions of dollars, and compliance departments under stress, how can financial institutions pull-back from the brink, improve control of compliance, and reduce regulatory risk? We caught up with John Byrne, CEO at Corlytics (and former CEO at Information Mosaic) to discuss how firms...
Thomson Reuters Live with Key MiFID II Compliance Services
Thomson Reuters has fulfilled its commitment to clients within the scope of Markets in Financial Instruments Directive II (MiFID II) with go live of key services designed to help them achieve compliance. Services that have been updated since the January 3rd, 2018 MiFID II compliance deadline include: updated MiFID II compliant data already available to...
2018 – The Year of Regulation
Happy New Year and welcome to the Year of Regulation, aka the Year of the Dog and, for some capital markets participants struggling to stay abreast of regulatory requirements, the Year of Anxiety. At the top of the agenda are Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR),...
Data Monetisation: An Approach to Unlocking Data Opportunities
By: Sapient Consulting Data has become one of an organisation’s most valuable assets, although many struggle to turn it into a profitable asset. In addition to lacking specialist knowledge, as well as the right tools and experience, companies often face challenges with the availability and usability of their data, overcomplicated legacy technologies, and a shortage...
Kingland Extends AI Capability in Fourth-Generation Enterprise Software Platform
Kingland Systems continues to innovate with the fourth generation of its enterprise software platform. The platform provides artificial intelligence (AI) focused on data management, extended enterprise data management capabilities, new analytics, and cloud optimised DevOps software to support high performance software strategies. It also accelerates specific solution delivery by avoiding extensive customisation, providing 60% to...
UBS Leads Initiative to Reconcile LEI Data Using Ethereum Smart Contracts
A group of six banks and data vendors is working with Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation. The blockchain initiative was borne out of the need to improve data quality for Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR), and...
Dessa Glasser Joins Financial Risk Group
Dessa Glasser has joined Financial Risk Group (FRG) as a principal consultant in New York. Her responsibilities include developing risk management and data solutions for the company’s global client base, drawing on 25 years of experience designing and implementing innovative solutions in risk, data, and analytics across financial and non-financial institutions. Glasser joins FRG from...
GoldenSource Releases Nexus as a Hosted Service
GoldenSource has released the latest version of its Nexus data management platform, giving buy-side firms a single, fully managed source for market and reference data. The platform is designed to help asset managers deal with mounting trade transaction and reporting pressures ahead of the implementation of Markets in Financial Instruments Directive II (MiFID II) on...
Two Months to MiFID II: Are Financial Institutions at Risk of Eating Their Data Soup with a Fork?
By: Roy Kirby, senior product manager, SIX Financial Information Markets in Financial Instruments Directive II (MiFID II) is just around the corner, and one issue that may have escaped firms’ attention is the practical consideration of how to exchange data with other market players. Come January, manufacturers will be faced with the challenge of working...